News & Videos - FIRAN TECHNOLOGY GROUP FTGFF

TORONTO, April 12, 2024 (GLOBE NEWSWIRE) -- Firan Technology Group Corporation (TSX: FTG) (“FTG” or the “Corporation”) today announced the results of its annual general meeting of shareholders (“AGM”), held in Toronto, Ontario on April 12, 2024. The Corporation reports that five of the director nominees listed in its management information circular dated February 22, 2024, were elected as directors of FTG. The detailed results of the vote for the election of directors of FTG are set...

TORONTO, April 11, 2024 (GLOBE NEWSWIRE) -- Firan Technology Group Corporation (TSX: FTG) today announced financial results from its first quarter of 2024. First quarter bookings of $37.5M were up 14% over Q1 2023. FTG first quarter revenues of $35.0M were up 42% over Q1 2023. FTG achieved Adjusted Net Earnings in Q1 2024 of $1.1M. FTG achieved Adjusted EBITDA of $4.6M, which was up 42% over Q1 2023. Business Highlights During Q1 2024, the Corporation has continued to invest in technology in...

TORONTO, April 05, 2024 (GLOBE NEWSWIRE) -- Firan Technology Group Corporation (TSX: FTG) will release the first quarter 2024 financial results after the market closes on Thursday, April 11, 2024. The Corporation will host a live conference call on Friday, April 12, 2024, at 8:30am (Eastern) to discuss the first quarter 2024 financial results. Anyone wishing to participate in the call should dial 289-514-5100 or 1-800-717-1738, Conference ID 34553, and identify that you are calling to...

TORONTO, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Firan Technology Group Corporation (TSX: FTG) today announced financial results for the full year and fourth quarter of 2023. Full year bookings were $149.5M, up 32% over 2022. Fourth quarter bookings of $39.0M were up 9% sequentially and up 22% year-over-year. FTG full year revenues increased by 51% to $135.2M, including $22.9M from acquisitions. FTG achieved Adjusted EBITDA for the full year of $19.4M (2022 - $8.8M), and $6.0M for Q4 2023 (Q4 2022 -...

TORONTO, Feb. 02, 2024 (GLOBE NEWSWIRE) -- Firan Technology Group Corporation (TSX: FTG) will release the full year and fourth quarter 2023 financial results after the market closes on Wednesday, February 7, 2024. The Corporation will host a live conference call on Thursday, February 8, 2024, at 8:30am (Eastern) to discuss the full year and fourth quarter 2023 financial results. Anyone wishing to participate in the call should dial 1-416-764-8658 or 1-888-886-7786, Conference ID 71906148, and...

TORONTO, Jan. 23, 2024 (GLOBE NEWSWIRE) -- Firan Technology Group Corporation (TSX:FTG) is pleased to announce a new contract with its represented employees at its Aerospace – Toronto facility has been negotiated and ratified. The contract has a four-year term and expires in August 2027. The contract recognizes the strong demand at that site, the commitment to continuous improvement by everyone, as well as the external environment impacting the corporation and its employees. With the...

TORONTO, Dec. 12, 2023 (GLOBE NEWSWIRE) -- Firan Technology Group Corporation (TSX:FTG) announced that the Corporation’s hourly employees at FTG Aerospace – Toronto, represented by Local 303 of Unifor Canada, have commenced a strike as of 12:00 am today, following rejection of a tentative agreement reached earlier between the Corporation and the hourly employees’ representatives. The previous contract between the Corporation and the hourly employees of FTG Aerospace – Toronto expired in...

TORONTO, Oct. 11, 2023 (GLOBE NEWSWIRE) -- Firan Technology Group Corporation (TSX: FTG) today announced financial results for the third quarter of 2023. Third quarter bookings of $35.7M were up 28% over Q3 2022. FTG third quarter revenues of $36.6M were up 59% over Q3 2022, as FTG ramps up production to meet customer demand. Revenue included $9.2M from the newly acquired Circuits sites. FTG achieved Net Earnings in Q3 2023 of $1.3M, which was up $0.6M from Q2 2022. Net debt on the balance sheet...

TORONTO, Oct. 03, 2023 (GLOBE NEWSWIRE) -- Firan Technology Group Corporation (TSX: FTG) will release the third quarter 2023 financial results after the market closes on Wednesday, October 11, 2023. The Corporation will host a live conference call on Thursday, October 12, 2023, at 8:30am (Eastern) to discuss the third quarter 2023 financial results. Anyone wishing to participate in the call should dial 416-764-8658 or 1-888-886-7786, Conference ID 14572945, and identify that you are calling to...

TORONTO, July 12, 2023 (GLOBE NEWSWIRE) -- Firan Technology Group Corporation (TSX: FTG) today announced financial results for the second quarter of 2023. Second quarter bookings of $40.3M were up 48% over Q2 2022 and up 22% over Q1 2023. This was the 10 th sequential quarter of bookings growth. FTG second quarter revenues of $34.0M were up 52% over Q2 2022, as FTG ramps up production to meet customer demand. Revenue included $3.4M from the newly acquired Circuits sites in Minnetonka, MN and...

TORONTO, July 05, 2023 (GLOBE NEWSWIRE) -- Firan Technology Group Corporation (TSX: FTG) will release the second quarter 2023 financial results after the market closes on Wednesday, July 12, 2023. The Corporation will host a live conference call on Thursday, July 13, 2023, at 8:30am (Eastern) to discuss the second quarter 2023 financial results. Anyone wishing to participate in the call should dial 416-764-8658 or 1-888-886-7786, Conference ID 86132339, and identify that you are calling to...

TORONTO, June 28, 2023 (GLOBE NEWSWIRE) -- Firan Technology Group Corporation (TSX: FTG) today announced that IPC's Validation Services Program has awarded qualification for IPC-1791, Trusted Electronics Fabricator Requirements Qualified Manufacturers Listing (QML) to FTG Circuits Toronto. FTG is a global corporation offering design, development, prototypes and manufacturing solutions for aerospace and defense electronic products and subsystems. The FTG Circuits Toronto facility passed stringent...

TORONTO, June 01, 2023 (GLOBE NEWSWIRE) -- Firan Technology Group Corporation (TSX: FTG) (“ FTG ” or the “ Corporation ”) today announced the acceptance by the Toronto Stock Exchange (the “ TSX ”) of FTG’s Notice of Intention to Make a Normal Course Issuer Bid (“ NCIB ”). Pursuant to the NCIB, FTG is authorized to purchase through the facilities of the TSX, from time to time over the next 12 months, if considered advisable, up to an aggregate of 1,195,550 Common Shares, being...

TORONTO, April 28, 2023 (GLOBE NEWSWIRE) -- Firan Technology Group Corporation (TSX: FTG) today announced it has acquired 100% of Minnesota based Holaday Circuits and 100% of Massachusetts based IMI Inc. Further to the previous announcements made by FTG regarding these acquisitions, FTG has now attained the approval from the Committee on Foreign Investment in the United States (CFIUS) and all closing conditions have been met and both acquisitions are now closed. The IMI acquisition bolsters FTG...

TORONTO, April 20, 2023 (GLOBE NEWSWIRE) -- Firan Technology Group Corporation (TSX: FTG) today announced the results of its annual general meeting of shareholders (“AGM”), held in Toronto, Ontario on April 19, 2023. The Corporation is pleased to report that each of the director nominees listed in its management information circular dated February 28, 2023, were elected as directors of FTG. The directors have been elected to serve until the close of the next annual meeting of shareholders....

TORONTO, April 12, 2023 (GLOBE NEWSWIRE) -- Firan Technology Group Corporation (TSX: FTG) today announced financial results from its first quarter 2023. Financial Highlights First quarter bookings of $33.0M were up 28% over Q1 2022 and up 2% over Q4 2022. This was the 9 th sequential quarter of bookings growth. FTG first quarter revenues of $24.6M were up 20% over Q1 2022, as FTG ramps up production to meet customer demand. FTG achieved Net Earnings in Q1 2023 of $4.1M, which was up $4.8M from...

TORONTO, April 05, 2023 (GLOBE NEWSWIRE) -- Firan Technology Group Corporation (TSX:FTG) will release the first quarter 2023 financial results after the market closes on Wednesday, April 12, 2023. The Corporation will host a live conference call on Thursday, April 13, 2023, at 8:30am (Eastern) to discuss the first quarter 2023 financial results. Anyone wishing to participate in the call should dial 416-764-8646 or 1-888-396-8049, Conference ID 33407347, and identify that you are calling to...

TORONTO, Feb. 08, 2023 (GLOBE NEWSWIRE) -- Firan Technology Group Corporation (TSX: FTG) today announced financial results for the full year and fourth quarter 2022. Financial Highlights Full year bookings were $113.3M, up 41% over 2021. Fourth quarter bookings of $32.2M were up 15% over Q3 2022 and up 37% over Q4 2021. This was the 8 th sequential quarter of bookings growth. FTG full year revenues increased by 13% to $89.6M as the global air travel and the commercial aerospace market continued...

TORONTO, Feb. 01, 2023 (GLOBE NEWSWIRE) -- Firan Technology Group Corporation (TSX: FTG) will release the full year and fourth quarter 2022 financial results after market closes on Wednesday, February 8, 2023. The Corporation will host a live conference call on Thursday, February 9, 2023, at 8:30am (Eastern) to discuss the full year and fourth quarter 2022 financial results. Anyone wishing to participate in the call should dial 416-764-8658 or 1-888-886-7786 and identify that you are calling to...

TORONTO, Dec. 28, 2022 (GLOBE NEWSWIRE) -- Firan Technology Group Corporation (TSX:FTG), a leading provider of electronic products and avionic sub-systems for the aerospace and defense markets, announced it has entered into an agreement to acquire Holaday Circuits, Inc. Holaday is based in Minnetonka, Minnesota, a suburb of Minneapolis. Holaday is a manufacturer of high technology circuit boards focused on the aerospace and defense markets. The closing of the acquisition is subject to approval...